Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...
Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...
It’s estimated that human adults make about 35,000 decisions a day — the percentage of good decisions depends on the adult. These choices can be as banal as deciding to roll or crumple toilet paper or ...
A man went on an airplane ride. Unfortunately, he fell out. Fortunately, he had a parachute on. Unfortunately, the parachute did not open. Fortunately, there was a haystack below him, directly in the ...
The main focus of this short course will be the Bayesian aspect of it. That means this is a slightly more advanced course requiring some knowledge of basic probability, regression methods, and the R ...
When our brains don't have a good intuition for reasoning with numbers, explicit probabilistic thinking can lead to improved decision-making. A man went on an airplane ride. Unfortunately, he fell out ...